<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUL-31-1998 <PERIOD-START> AUG-01-1997 <PERIOD-END> OCT-31-1997 <CASH> 63,950 <SECURITIES> 397,679 <RECEIVABLES> 93,111 <ALLOWANCES> (4,364) <INVENTORY> 3,888 <CURRENT-ASSETS> 568,891 <PP&E> 131,054 <DEPRECIATION> (60,145) <TOTAL-ASSETS> 759,288 <CURRENT-LIABILITIES> 253,989 <BONDS> 36,520 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 473 <OTHER-SE> 467,781 <TOTAL-LIABILITY-AND-EQUITY> 759,288 <SALES> 95,958 <TOTAL-REVENUES> 95,958 <CGS> 22,396 <TOTAL-COSTS> 23,099 <OTHER-EXPENSES> 98,464 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 81 <INCOME-PRETAX> (19,254) <INCOME-TAX> (6,495) <INCOME-CONTINUING> (12,759) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (12,759) <EPS-PRIMARY> (0.27) <EPS-DILUTED> (0.27)